Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.
Silver's overall trend, revealed by trends of price, leverage, and time, defined and are discussed in The Matrix for subscribers.
We saw a powerful rally in silver today. Frustration in silver is not over until its energy build releases. The two options for release are (1) a bullish energy build into weakness, or (2) reversal of the bearish energy as prices rally. The latter, a rare outcome, is the most powerful. It only happens when major players are caught on the wrong side of the trade.
Please read more...
Follow me on Twitter or Facebook for further discussion.
Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.